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Iran real wages drop to $83 following decade-long decline
Real wages for workers in Iran have experienced a significant decline over the past decade, falling from $232 to just $83. This drop places a large portion of the Iranian workforce in the category of the 'absolutely poor' by international standards.
According to reports, the current base wage is set at 16,625,000 tomans, which equates to $83 at recent exchange rates. For married workers with one child, the minimum wage including benefits is 24,900,000 tomans, or approximately $124. These figures contrast sharply with the official cost of living basket, which was estimated at 42 million tomans.
The devaluation of the Iranian currency has exacerbated the crisis, with the US dollar reaching 200,000 tomans in the market. This currency fluctuation, combined with the rising cost of imported goods and raw materials, has contributed to the rapid erosion of purchasing power. Globally, Iran currently ranks third among countries with the lowest wages, with an average wage of $85.
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Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The International Trade Union Confederation (ITUC) defines workers earning less than $5 a day as absolutely poor or at risk of famine. akhbar-rooz.com · aftabnews.ir
- [● 2 SOURCES] The minimum wage for married workers with one child, including benefits, is 24,900,000 tomans, or approximately $124. akhbar-rooz.com · aftabnews.ir
- [● 2 SOURCES] The exchange rate for the US dollar in the Iranian market has reached 200,000 tomans. akhbar-rooz.com · aftabnews.ir
- [● 2 SOURCES] With an average wage of $85, Iran ranks third among countries with the lowest wages globally. akhbar-rooz.com · aftabnews.ir
- [● 2 SOURCES] Real wages for workers in Iran have dropped from $232 to $83 over the last decade. akhbar-rooz.com · aftabnews.ir
- [● 2 SOURCES] The base wage for workers this year is set at 16,625,000 tomans, equivalent to $83. akhbar-rooz.com · aftabnews.ir